by Lynne Gowers | Jun 26, 2025 | Contractors, Construction industry, Self assessment
The Self Assessment deadline might feel like a long way off, but in reality there’s never been a better time to get your tax return sorted. This applies even more if you’re a contractor juggling multiple income streams, expenses and deadlines. At Liquid Friday, we’ve...
by Lynne Gowers | May 15, 2025 | Self assessment, Contractors, Liquid Friday
Charles Dickens famously said “Never do tomorrow what you can do today. Procrastination is the thief of time.” That’s all very well, but did he ever have to do a self assessment?! Of all the things people tend to put off until the last minute, tax returns must be...
by Lynne Gowers | Oct 24, 2024 | Contractors, Self assessment
As we approach the end of the year and get caught up in all the chaos of the festive season, it’s easy to lose sight of the fact the January 31st deadline for self-assessment is just around the corner. HMRC has this neat tool for checking if you need to send a self...
by Lynne Gowers | Sep 15, 2024 | Self assessment, Contractors
When it comes to a painless self assessment, good record keeping is your secret weapon! Even if you are having an accountant or tax return specialist prepare and submit your tax return for you, keeping track of the required documents will ensure a much smoother and...
by Lynne Gowers | Nov 17, 2023 | Contractors, Self assessment
As self assessment tax return season rolls around, one question that comes up is do umbrella company contractors need to complete a personal tax return. The short answer is maybe. It completely depends on your personal circumstances and whether you’ve had any income...
